teetering on the brink like it was in january, 2009, the president is still struggling with the slow economy, high unemployment and voters' lack of trust and confidence in washington. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> before the hard work of the second term begins, the obamas will squeeze in a little bit of fun. in 2009 the president and first lady had a whirlwind night on the town. ten inaugural balls. this year there are just two official balls. one is expected to draw more than 35,000. ♪ they will groove to the sounds of katie perry, smoky robinson, usher, and brad paisley. >> and i like a good party. >> but it could be an early night. the president has a job to do the next day. >> it's been a busy and productive four years. i expect the same for the next four years. >> karen traverse, abc news, washington. >> our coverage of the inauguration begins monday at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage